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viktelen [127]
3 years ago
5

The principle that each World Trade Organization member must accord to all other member countries tariff treatment no less favor

able than it provides to any other country is known as the __________ principle.
Business
1 answer:
Firdavs [7]3 years ago
8 0

Answer:

Most favoured nation principle

Explanation:

Most favoured nation (MFN) clause of the World Trade Organisation requires that when a nation trades with others the concessions, immunities, and privileges granted to one nation should be the the same granted to all WTO members.

It discourages discrimination where one nation in international trade is favoured above another.

For example if Ghana reduces tariff on trades with South Africa it is expected that tariffs to other WTO nations will also be reduced to 3%.

Exceptions to this principle are for developing nations, regional free trade areas, and custom unions.

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You create a screen shot illustrating what the new system will potentially look like. this is an example of ___________.
xeze [42]
This is an example of prototyping
3 0
4 years ago
If the minimum wage is set above the equilibrium wage, then Group of answer choices more people will work than at the equilibriu
netineya [11]

Answer:

there will be fewer labor hours purchased by employers than at the equilibrium wage. none of the above

Explanation:

Equilibrium in economics means balance. Equilibrium wage rate refers to the market wage rate where the quantity of labor supplied matches the labor demanded. It is the wage rate that employers are willing to pay, and workers are ready to accept each hour of labor. The equilibrium wage represents the intersection of labor demand and supply curves.

If the wage is set above the equilibrium rate, it will force employers to pay more than they are willing. Employers will be paying more to workers than the value they are receiving. The hiring of many workers will be uneconomical. Employers will hire fewer workers to keep their costs down.

7 0
3 years ago
Product focused processes: a) are desirable because resource needs increase slowly with the complexity of a process. b) are proc
LenKa [72]

Answer:

b) are processes that are specialized for relatively few products or customer groups.

Explanation:

As the name suggests these are focused specifically for some products and not for all of the products manufactured by a company. These processes promote the product specification details, by advancing the processes of manufacturing more specific.

These are majorly used for customer specified products, generally identical products. In which no two products are similar in nature. And accordingly, these help in maximum customer satisfaction.

3 0
3 years ago
Some people have proposed establishing legal standards and regulations to govern safety-critical computer-based systems.
Vesnalui [34]

Answer: A) Give and explain counter-arguments against the arguments for each side.Note: the "counter-arguments" you are asked to give should oppose or answer the arguments on the other side as directly and convincingly as possible. They should not be simply unrelated arguments on the opposite side of the issue.

Explanation: When is talking about security is important to have different views, firstable you need to establish which are going to be your claims, premises or arguments, once you got it is important to search for information which can support your ideas, and once you have found it, counter-arguments are necessary to understand which are your weakest point, you need to know your counter-arguments and how people are likely to attack you, once you know the weak part of your speech you can defend it.

6 0
4 years ago
Holding all other forces constant, if decreasing the price of a good leads to an increase in total revenue, then the demand for
ArbitrLikvidat [17]

Holding all other forces constant, if decreasing the price of a good leads to an increase in total revenue, then the demand for the good must be elastic.

<h3>What is total revenue?</h3>
  • Total revenue is the total amount of money a seller can earn from offering clients goods or services.
  • The formula for this is PQ, or the purchase price times the quantity of the products sold.
  • A calculation or equation that describes how certain sources of revenue will behave on a graph.
  • The sum a corporation or business owner earns for the goods or services they sell during a given time period is known as total revenue.
  • The formula for total revenue assists business owners in determining whether to raise prices or provide a discount on their products.

Learn more about total revenue here:

brainly.com/question/13000391

#SPJ4

4 0
2 years ago
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